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UK regulator signals intensive supervision on audit quality

BDO offices
BDO, along with Forvis Mazars, was criticised for the fourth year running. Photo: Jeremy Moeller/Getty Images

Martin Cloake

1 min read
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Financial Reporting Council acts over growing gap between mid-tier firms and the Big Four.

The gap in quality of work between the UK’s top four auditors and their Tier 1 challengers is growing according to UK accounting regulator the Financial Reporting Council (FRC). And its latest annual report contains strong criticism of challengers BDO and Forvis Mazars for the fourth year running.

The FRC

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